Mario Lanza Institute
- Assets
- $43.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 23-2142021
Organization Overview
Mario Lanza Institute is located in Philadelphia, PA. The organization was established in 1989. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mario Lanza Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mario Lanza Institute generated $28.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $27.2k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AWARDED MARIO LANZA SCHOLARSHIPS AND AUDITION ENCOURAGEMENT AWARDS TO BOTH PERPETUATE AND PROMOTE THE SINGERS' ACCOMPLISHMENTS AND PROVIDE MUSICALLY TALENTED PEOPLE THE OPPORTUNITY AND INCENTIVE TO STUDY MUSIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William J Ronayne President&tr | 16 | $0 | |
Michael A Giangiordano Vice Preside | 0 | $0 | |
Nicholas Divalentino Secretary | 0 | $0 | |
Giovanna Cavaliere Board Member | 0 | $0 | |
Thomas Donatucci Board Member | 0 | $0 | |
Dorothy Todaro Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,655 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,450 |
| Investment income | $139 |
| Gain or Loss | $8 |
| Net Income from Gaming & Fundraising | $7,808 |
| Other Revenue | $7,468 |
| Total Revenue | $28,528 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $10,275 |
| Printing, publications, postage, and shipping | $364 |
| Other expenses | $10,344 |
| Total expenses | $27,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,679 |
| Other assets | $0 |
| Total assets | $43,205 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,205 |